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Ameinfo - cynical public relations Eilbert & Paret - commitment of business to an

active role in the solution of social problems (racial


Bowen - obligation of businessmen to pursue discrimination, pollution, transpo etc)
policies, desirable un terms if objectives & values of
society  found out the type of CSR activities firms
engaged affected org structure and budget,
Carrol - CSR -> referred to as SR than CSR more impt than other org issues

 Howard Bowen’s Social Responsibilities of Ealls & Walton - concern w the needs and goals of
the Businessmen book marks the modern society, beyond the merely economic
period of literature in this subj
 Father of CSR  only survive in an effectively functioning free
 no panacea, but contains important truth society if supporting & improving social
that must guide future businessmen order

Davis - nebulous idea be seen in managerial Backman - objs/motives that should eb given
context weight by business

 long complicated process of reasoning  employment, reduc of pollution, medical


 Long-run economic gain, thus paying back care etc -> improve quality of life

Frederick - businessmen should oversee Sethi - dimension of corp social performance


operatoon
 process to distinguish corp behaviors &
 prod and distrib enhance total econ welfare “social obligation, social responsibility, and
social responsiveness”
McGuire - not only econ and legal obligations, also  SO is proscriptive in nature
society respon, extend beyond obligations  S responsibility is prescriptive
 S responsiveness goes beyond SO
 must take interest in politic, educ, welfare,  S responsibility - brings corp behavior up
happiness of employees, etc where it is congruent w social norms etc

Davis and Blostrom - person’s oblig to consider Preston & Post - defined SR as “public
effects of decisions and actions responsibility” -> function of org mngmnt w/in
specific context of public life
 consider needs&interest of others, look -> scope of managerial respon isnt unlimited
beyond firm’s technical interest
Fitch - defined CSR in terms of solving social
Walton- diff models of SR problems

 intimacy of relationships bet corp & soc  serious attempt to solve social probs
 Must be kept in mind by top managers caused wholly or in part by corp
 To be socially respon, must identify & define
Johnson - pursuit of socioecon goals thru prob, decide wc to attack 1st, distinction bet
elaboration of social norms social & nonsocial probs

 business takes place w/in socio-cultural Carrol - 4 part definition of CSR embedded in a
system model of CSP (corp social perf)

Manne & Wallich - three elements of CSR:  should fulfill economic, legal, ethical,
discretionary responsibility
 In order to engage in CSP they needed to
1. To qualify as socially respon corp action
2. marginal returns < returns available have:
 Basic def of CSR
3. Purely voluntarily
 Undrstanding of issues
4. Must be an actual corp expenditure rather
 Specification of philo of responsiveness
than a conduit
 ECONOMIC RESPONSIBILITY -
 Prof. Wallich - 3 basic elements of CSR
 Setting of objectives expectations society has orgs at a given
 Decision whether to pursue them point of time
 business intstitution is the basic econ unit of
 Financing of objs
soc
 LEGAL RESPONSIBILITY - expect
> they must be defensible, but he favored
business to obey the law
stockholder instructions
 law is basic “rule of game”

1
 ETHICAL RESPONSIBILITY - Kinds of THREE RESPONSIBILITIES OF MNGMNT:
behaviors and ethical norms that soc
expects business 2 follow 1. Make profit
 beyond what is required by law 2. Satisfy employees
 DISCRETIONARY RESPONSIBILITY - 3. Be socially responsible
voluntary roles business assumes, but soc 4. will weaken soc if failed to carry out
doesnt provide as clear-cut as an 5. very vigilant civil soc that can maintain
expectation balance
 left to manager’s and corp’s judgment ;
driven by social norms  Comeback of the neo-classical economic
philisophies - vigilant civilian actions
Tuzzolino and Armandi - need-hierarchy  private global enterprises taking over less
framework patterned after Maslow’s hierarchy of efficient enterprises thru buy-outs, joint
needs venture etc

 accepted Carrol’s def as appropriate for Wartick & Cochran - “evolution of corp social perf
their purpose model” wc extended 3-dimensional integ of
 Helpful to have an ANALYTICAL framework responsibility, responsiveness, & social issues
 Their hierarchy didnt redefine CSR,
suggested orgs have CRITERIA that  recasted Carrol’s aspects into a framework
needed to be met of PRINCIPLES, PROCESSES &
 Orgs have physiological, safety, affiliate, POLICIES
esteem etc needs
 Hierarchy as “conceptual tool whereby Epstein - quest to relate social responsibility,
socially respon org perf could be assessed responsiveness, & business ethics

Strand - system paradigm of org adaptations to  closely related, overlapping


social envi  CSR as primarily to achieving outcomes
from org decisions
 offered no new def of CSR, his model is  Have beneficial effects rather adverse on
notable bc stream of efforts to associate stakeholders
concepts  Normative correctness -> main focus of
corp social responsibility
Carrol - CSR involves conduct of business so that  Soc responsiveness & business ethics ->
it’s economically profitable, law abiding... SOCIAL POLICY PROCESS (SPP)
 Nub of corp SPP is institutionalization w/in
 to be socially responsible, profitability & business orgs
obedience to law are foremost conditions
 CSR is composed of businesses in ethical
sense, but increasingly strategic Wood - reformulated Carrol’s 3D CSR model &
Wartick&Cochran’s formulation
Jones - CSR as notion thats corps have an oblig to
constituent grps in soc other than stockholders  formulated three principles:
 Carrols
 two facets of def are critical: 4domain(econ,legal,ethical,discretio) into
 Oblig must be voluntarily adopted social legitimacy(institutio), public
 behav. influenced by coercive forces is NOT respon(org), managerial discrestion(indiv)
voluntary  Processes of Corp soc responsiveness into
 Oblig is broad, extending beyond traditiona Environmental assessment, stakeholder
duty mngmnt, issues mngmnt
 FOUR PARTS:  W&C’s policies from C’s “social issues” into
 Legal new topic of concern, OUTCOMES OF
 Ethical CORP BEHAVIOR
 Voluntary  placed CSR into broader context
 Philanthropic  Emphasis
on outcomes/performance (more explicit)
Peter Drucker - explicit in a number and implicit in
others Carrol (1991) - discretionary as PHILANTHROPIC
-> embrace corp citizenship
 Not simply compatibility of profitability &
respon but idea that business ought to  4 KINDS OF SOC RESPONSIBILITIES
“convert” social responsibilities into  Econ
OPPORTUNITIES  Legal
 “tame the dragon” -> turn problem into econ  Ethical
opportunity  Philanthropic
 depicted as pyramid
2
 “CSR firm should strive to make profit, obey 2. Importance of companies - increased
law, be ethical, and be a good corp citizen” profits, financial backbone to assume
respon in globalized world -> inc capability
Brummer - explaine theories of Corp Social
Responsibility Carrol (2006) - four parts of soc respon:

1. Classical theory- goal to secure fin. goals 1. Economic aspect


2. Stakeholders - corp execs responsible to 2. Legal aspect
shareholders 3. Ethical respon
3. Social Demandingness - goal to protect 4. Discretionary
interests of gen public 5. listed 4 respon accdg to priority
4. Social Activist - univ standards to corp 6. Discretio respon of today may become the
conduct that is independent of stockholders ethical respon of tomorrow
interests 7. Social respon includes ethical & discretio
5. importance of long-term existence BUT not econ and legal respon
6. Need to comply to standards
Branco & Rodrigues - described the stakeholder
Iñigo - social respon is moral & ethical content of perspective(SP) of CSR —> inclusion of all grps
managerial & corp decisions
 normative model - CSR collabs are
 above pragmatic reqs positively accepted, no effect to the org if
not directly related to stakeholders interests
Pauli - explained main CSR theories & related  SP doesnt acknowledge the complexity of
approaches in 4grps: network interactions
 Soc Responsibility - concerned w low indivs
1. Instrumental theories - corp as instrument & orgs deal w current soc issues
for wealth creation
2. Political theory - concerns w power of corps Carrol (2009) - CSR as obligation of decision
3. Integrative theory - satisfaction of soc makers to take actions
demands wc protect&improve welfare
4. Ethical theory - based on ethical
responsibilities of corps  suggests 2 active aspects of soc respon^
 Protect -> avoidance of (-) impacts
Wheelen - diff bet ethical & discretionary  Improve -> creation of (+) benefits
responsibilities  Community based develpment projects
 Proactive/affirmative approach to soc
Bateman - traditional view of social respon respon is most difficult,complex, expensive
concept
 “Business of business is business”
 Friedman - respon of business to produce FIVE CATEGORIES OF OBLIGATION:
goods that ARENT contrary to public policy,
free from fraud 1. Broad performance criteria - for measuring
 Any cost attributed to CSR is contrary to orgs perf & soc role
sound business practice 2. Ethical norms - def stand on public issues
 Modern theorist view soc respon as 3. Operating strategy - maintain/improve
INVESTMENT rather than expense standards of phys&soc environment
 Business should consider Social 4. Response to Social pressures - willing to
Implications of their decisions discuss acts w outside grps
 Social responsiveness is ability of corp to 5. Legislative&political activities - willingness
relate ops to soc environ that are mutually to work w outside stakeholders; promote
beneficial to them honesty and openness in govt

Dow Jones Sustainability Index cited by Holcomb Sibal & Atienza - elements of CSR
> defined Corp Sustainability as a business
approach that creates longterm shareholder 1. Respon beyond prod of goods
value 2. Solve soc problems
3. Broader constituency than SH alone
Schrader - traditional sharing of tasks bet public & 4. Impact
private sector —> new forms of cooperation 5. Wider range of human values
MAIN TRENDS RESPONSIBLE FOR SHIFT OF 6. public image can make/unmake corps
PARADIGMS: 7. Capital &other phys assets (land&bldgs) are
no longer premium factors of production
1. Importance of govt is diminishing - countries BUT people w skills and knowledge
lose a significant part of capability to shape 8. corps -integral part of soc; subsystems of
social agenda soc

3
9. Corps feel the inadequacy of traditional  Social involvement disclosure (SID) scale ->
classical econ philosophies measure firm’s CSR
10. Basic idea of CSR -> business & soc  Big 8 acctg firm Ernst and Ernst -produced
are interwoven: PRINCIPLES annual unpublished summary
11. Principle of Legitimacy  Not designed to define CSR but to get ideas
12. Principle of Public Responsibility abt measuring CSR
13. Principle of Managerial Discretion
(dependent on avaialble opportunities, Cochran & Wood - empirical study on CSR
choices, resources)
 whether social responsible firms are also
profitable firms
“The business of business” accdg to Juan Luz &  Used “reputation” index as measure of CSR
Teodoro Montelibano - developing people not developed by Milton Moskowitz
only w/in compnay but also in community  either “outstanding, honorable mention,
worst”
 Admitted weakness of this measure and
 Social political contributions such as called for new measures
decreasing pollution, reducing
unemployment, improving leace & order Aupperle, Carrol, Hatfield - empirical study on
relations between CSR and profitability
Sibal & Atienza - practice of CSR is a must for all
orgs  used definitional construct of CSR
MAJOR ACTORS OF INDUSTRIAL RELATIONS  Priorities of 4 components
SYSTEM:  Econ
 Legal
1. Leaders  Ethical
2. Management/admin  Discretionary
3. Govt officials - planner enforcer & equalizer  econ- concern for economic perf
 Legal,ethical,discretio- concern for society
 to be socially respon, efficient & competitive
 other actors: orgs w/in academe, media,  not every1 sees econ respon as part of
church -> put pressure on both govt officials SocRespon
& corp managers  Social orientation - assessed thru
importance it places on 3 non-econ
RELATED STUDIES: components

Carrol - surveyed 50leaders in soc issues


 New direction is relating CSR
to profitability  helped position CSR definitional literature in
total scheme of things
Bowman & Haire - study to ascertain the extent to 
wc companies were engaging in CSR
Brown & Dacin -CSR associations
 operationalize have significant influence on consumer
 Measure proportion of lines responses to new products
 Not providing formal def of CSR,illustrated
kinds of topics representing CSR  Negative CSR assoc. -> detrimental effx
 Positive -> enhance product evals.
-> subheads to sections of annual report
Apostol - cited benefits of CSR:
 good idea of what CSR meant
1. Enhanced brand & co. reputation
Holmes - study to gather “executive perception of 2. Improved soc. & environ. Risk mngmnt
CSR” 3. Improved employee relations
4. Better SH relations
 no clear def of CSR 5. Improved community relations
 set of statements abt CSR 6. Proactive change mngmnt strategies
 Felt during that time period 7. Improved financial perf
 Identify “outcomes” and “factors”
 Apostol, Brown & Dacin, Carroll, Holmes -
Abbot & Monsen - CSR’s meaning in research similar studies
study

 annual reports of Fortune 500 companies

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